Union Budget 2025 | Govt announces Nuclear Energy Mission with outlay of Rs 20k cr

New Delhi: Finance Minister Nirmala Sitharaman on Saturday announced a Nuclear Energy Mission to promote research and development of small modular reactors, with an outlay of Rs 20,000 crore.

She also announced 10,000 fellowships for tech research at Indian Institute of Technology (IIT) and Indian Institute of Science (IISC) in the next five years.

Besides, the finance minister proposed to set up a National Spatial Mission and set up the Gyaan Bharat Mission for the survey, documentation and conservation of manuscript heritage.

In February last year, the government announced the addition of 18 more nuclear power reactors with a cumulative capacity to generate 13,800 MWe of electricity, taking the total share of atomic power in the energy mix to 22,480 MWe by 2031-32.

Union Budget 2025 | Nirmala Sitharaman, who continues to be Finance Minister, is presenting her record 8th Union Budget this time. While inflation has burnt a hole in the pockets of 'aam janata', reports suggest there might be a tax relief for those making up to Rs 15 lakh per year. Track the latest coverage, live news, in-depth opinions, and analysis only on Deccan Herald. Also follow us on WhatsApp, LinkedIn, X, Facebook, YouTube, and Instagram.